Retailer charged with buying stolen jewelry
A Topeka jewelry store owner has been indicted on charges that he knowingly purchased stolen jewelry, melted it and sold it as scrap gold for nearly half a million dollars, the United States Attorney’s Office said.
What you might have missed
In case you may have missed the industry activity last week, here are the five most popular stories from NationalJeweler.com and the top three from the blog, 10X, for the week of Aug. 24 to 30, according to Google Analytics.
Canadian co. takes diamond cutting on the road
Diamond cutter and polisher Embee Diamonds is embarking on a tour of stores in the United States next month to give consumers the opportunity to try their hand at cutting a diamond.
Rolex smash-and-grab robberies on the rise
Crimes involving thieves using the smash-and-grab technique to nab Rolex watches have been increasing as of late, with nearly 10 reported incidents taking place across the country just this summer, according to Jewelers Mutual.
RJO honors Vendors of the Year at buying event
Citizen Watch, Ostbye and RDI Diamonds are among the companies recently honored with Vendor of the Year Awards from the Retail Jewelers Organization, a buying group of independent jewelers based in Newton, Iowa.
Three arrested in home invasion of NY jeweler
Local news sources are reporting that police in the small town of Greece have arrested three men in connection with an Aug. 7 home invasion involving a local jewelry store employee.
Florida jeweler, 89, shoots would-be robber
A store owner in Florida who also happens to be an octogenarian was able to put a stop to an armed robbery attempt on Saturday when he defended himself with his own gun and shot the suspect.
POS systems impacted by ‘Backoff’ breach
The U.S. Department of Homeland Security has put the word out that thousands of large as well as small- and mid-sized businesses have been affected by a malicious point-of-sale software dubbed “Backoff.”
Italian jewelry brand launches ad campaign
Italian jewelry brand Nomination just rolled out a new advertising campaign that “embraces the emotional heritage, the history and the future aspirations of the brand.”